The Application of Management Accounting Techniques at Star Hotels in Denpasar City
DOI:
https://doi.org/10.26740/jaj.v10n1.p27-46Keywords:
Application, Decision Making, Hotel, Management Accounting SurveyAbstract
This study aims to identify management accounting techniques applied in the hotel industry in Denpasar, Bali. Besides, this study also aims to find out how useful the information generated by the technique for management in the decision-making process. The survey results distributed offline and online are processed and analyzed by using descriptive techniques. The study results show that management accounting techniques have been applied in hotels within certain limits. The most common application of management accounting techniques employed by hotels is the preparation of flexible operating budgets and the financial performance assessment as a benchmark of budget conformity. Despite the less application of other management accounting techniques, the company realizes that the benefits resulting from this management accounting information are very important. The company's inability to provide information from other management accounting techniques is mostly caused by the inability of human resources in using such techniques.References
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Tucker, B.P., Schaltegger, S. (2016). Comparing the research-practice gap in management accounting: A view from professional accounting bodies in Australia and Germany. Accounting, Auditing & Accountability Journal, 29(3).
https://doi.org/10.1016/S0278-4254(03)00059-0
Tucker, B. P., & Lawson, R. (2016). Moving Academic Management Accounting Research Closer to Practice: A View from US and Australian Professional Accounting Bodies. Advances in Management Accounting, 167206. https://doi.org/10.1108/S1474-787120160000027005
Tucker, B. P., & Lowe, A. D. (2014). Practitioners are from Mars; academics are from Venus? Accounting, Auditing & Accountability Journal, 27(3), 394425. https://doi.org/10.1108/AAAJ-01-2012-00932
Urquidi, A. C., & Ripoll, V. M. (2013). The Choice of Management Accounting Techniques in the Hotel Sector: The Role of Contextual Factors. Journal of Management Research, 5(2), 6582. https://doi.org/10.5296/jmr.v5i2.2520
Yigitbasioglu, O. M. (2017). Drivers of management accounting adaptability: the agility lens. Journal of Accounting & Organizational Change, 13(2), 262281. https://doi.org/10.1108/JAOC-12-2015-0092.
https://doi.org/10.2139/ssrn.1661975
Altin, M., Schwartz, Z., & Uysal, M. (2017).
œWhere you do it matters: The impact of hotels revenue-management implementation strategies on performance. International Journal of Hospitality Management, 67, 4652.
doi:10.1016/j.ijhm.2017.08.001
Alsoboa, S. (2015). The External Orientation of Strategic Management Accounting: Customer Accounting , Business Strategies, and Customer. Research Journal of Finance and Accounting, 6(18).
Anessi-pessina, E., Barbera, C., Sicilia, M., & Steccolini, I. (2016). Public sector budgeting: A European review of accounting and public-management journals. Accounting, Auditing & Accountability Journal, 29(3), 20. https://doi.org/10.1108/AAAJ-11-2013-1532
Armitage, Howard M.; Webb, A. (2013). The Use of Management Accounting Techniques by Canadian Small and Medium Sized Enterprises: A Field Study. https://doi.org/10.2139/ssrn.2201163
Askarany, D., & Nasseri, A. (2016). Management accounting education for the 21 st century firms. International Journal of Finance and Managerial Accounting, 1(1), 7577.
Burke, W. L. (1951). Budgeting as an Aid to Management. Budgeting and Management, (October), 254268.
https://doi.org/10.1111/j.1467-8500.1959.tb02358.x
Duh, R.-R., Xiao, Z. Z., & Chow, C. W. (2008). An Overview and Assessment of Contemporary Management Accounting Research in China. Journal of Management Accounting Research, 20, 129164.https://doi.org/10.2139/ssrn.1003995
Goddard, A., & Simm, A. (2017). Management accounting, performance measurement and strategy in English local authorities. Public Money & Management, 37(4), 261268.
https://doi.org/10.1080/09540962.2017.1295726
Hermawan, S. (2009). Perilaku Informasi Akuntansi Manajemen. Jurnal Ekonomi Manajemen Dan Akuntansi (EMISI), FE UMSIDA., 2(1). Retrieved from http://ekonomi.umsida.ac.id/tinymcpuk/gambar/file/penelitian_sigit/Perilaku_Informasi_Akuntansi_Manajemen_U.pdf
Keplinger, K., Feldbauer-Durstmüller, B., & Mitter, C. (2012). Management accounting practices in a multicultural environment: Evidence from Austria, Russia and the US. International Journal of Strategic Management, 12(1), 3749. https://doi.org/10.2139/ssrn.2009635
Kim, W. G., Cho, M., & Brymer, R. A. (2013). Determinants affecting comprehensive property-level hotel performance: The moderating role of hotel type. International Journal of Hospitality Management, 34(1), 404412.
https://doi.org/10.1016/j.ijhm.2012.12.002
Leotta, A., Rizza, C., & Ruggeri, D. (2017). Management accounting and leadership construction in family firms. Qualitative Research in Accounting & Management, 14(2), 189207. https://doi.org/10.1108/QRAM-09-2015-0079
Markham-Bagnera, S. D. . (2016). An examination of online ratings on hotel performance indicators¯: An analysis of the Boston hotel market. https://doi.org/10.31274/etd-180810-5598
Mclellan, J. D., & Moustafa, E. (2011). Management Accounting Practices in the GULF Cooperative Countries. International Journal of Business and Accounting, and Finance, 6(1), 115.
McLellan, J. D., & Moustafa, E. (2008). An Exploratory Analysis of the Importance of Management Accounting Tools in the GCC Countries. Journal of Economic and Administrative Sciences, 24(2), 5477.https://doi.org/10.1108/10264116200800008
Messner, M. (2016). Does industry matter? How industry context shapes management accounting practice. Management Accounting Research, 31, 103111. https://doi.org/10.1016/j.mar.2015.09.001
Mia, L., & Patiar, A. (2001). The use of management accounting systems in hotels: an exploratory study. International Journal of Hospitality Management, 20(2), 111128. doi:10.1016/s0278-4319(00)00033-5
Penpichcha, K. S., & Nitirojntanad. (2016). Management Accounting Practices in Thailand. Proceedings of the Fourth European Academic Research Conference on Global Business, Economics, Finance and Banking (EAR 16 Swiss Conference. 7 9 July 2016, (2016), 116.
Schwarze, F., Wüllenweber, K., & Hackethal, A. (2007). Drivers of and barriers to management accounting change. AAA MAS Meeting Paper, 2007, 046. https://doi.org/http://dx.doi.org/10.2139/ssrn.1003371
Sholihin, M., Pike, R., & Mangena, M. (2010). Reliance on multiple performance measures and manager performance. Journal of Applied Accounting Research, 11(1), 2442.
https://doi.org/10.1108/09675421011050018
Takeda, H., & Boyns, T. (2014). Management, accounting and philosophy: The development of management accounting at Kyocera, 1959-2013. Accounting, Auditing & Accountability Journal, 27(2), 317356. https://doi.org/10.1108/AAAJ-10-2013-1495
Tucker, B.P., Schaltegger, S. (2016). Comparing the research-practice gap in management accounting: A view from professional accounting bodies in Australia and Germany. Accounting, Auditing & Accountability Journal, 29(3).
https://doi.org/10.1016/S0278-4254(03)00059-0
Tucker, B. P., & Lawson, R. (2016). Moving Academic Management Accounting Research Closer to Practice: A View from US and Australian Professional Accounting Bodies. Advances in Management Accounting, 167206. https://doi.org/10.1108/S1474-787120160000027005
Tucker, B. P., & Lowe, A. D. (2014). Practitioners are from Mars; academics are from Venus? Accounting, Auditing & Accountability Journal, 27(3), 394425. https://doi.org/10.1108/AAAJ-01-2012-00932
Urquidi, A. C., & Ripoll, V. M. (2013). The Choice of Management Accounting Techniques in the Hotel Sector: The Role of Contextual Factors. Journal of Management Research, 5(2), 6582. https://doi.org/10.5296/jmr.v5i2.2520
Yigitbasioglu, O. M. (2017). Drivers of management accounting adaptability: the agility lens. Journal of Accounting & Organizational Change, 13(2), 262281. https://doi.org/10.1108/JAOC-12-2015-0092.
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Published
2018-10-29
How to Cite
Erawati, N. M. A., & Krisnadewi, K. A. (2018). The Application of Management Accounting Techniques at Star Hotels in Denpasar City. AKRUAL: Jurnal Akuntansi, 10(1), 27–46. https://doi.org/10.26740/jaj.v10n1.p27-46
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